QUARTERLY PREMIUMS : KS vs . U . S .
To provide perspective , quarter-to-quarter premium change trends can be visually observed below in Figure 2 , Kansas Premium - All Distribution , and in Figure 3 , United States Premium - All Distribution . Table 2 and Table 3 , shown underneath Figure 2 and Figure 3 , provide three measures of premium change rates for Kansas and the United States . These are short-term ( Q2-to-Q2 ), medium-term ( Rolling 12-months ), and long-term ( Average 4-years ). For further perspective on the size of the Kansas P & C marketplace , total premiums for Kansas and the United States are also provided in Tables 2 and 3 from 2022 , the last full year of data .
The three measures of premium changes are useful in understanding a state ’ s P & C insurance marketplace . Short-term premium change rates tend to be the most volatile but are the most current . Medium-term change rates ( Rolling 12-months ) are a bit more stable but still current . Long-term change rates ( Average 4-Years ) are useful for assessing longer-term trends .
Q2-to-Q2 Rolling Average + 11.2 % + 11.2 % + 7.4 % 2022 Premium : $ 8,874,577,000